Offsite construction firm Reds10 acquires 50% stake in UK facade company
2026-06-18 16:31
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en.Wedoany.com Reported - UK modular construction company Reds10 announced in June 2026 that it has acquired a 50% stake in London-based facade design and installation contractor Mad About Facades. This marks Reds10's second acquisition within a month, following its recent purchase of Hull-based steel firm ESL. Meanwhile, Steve Beechey, former head of Wates' public sector business, will join Reds10 next month as Executive Chairman.

Reds10 is a UK-based offsite construction company specializing in the design, manufacture, and delivery of modular buildings across defense, education, residential, and commercial sectors. The company provides efficient and sustainable building solutions through factory-produced prefabricated modules and rapid on-site assembly. Mad About Facades is a contractor specializing in the design, manufacture, and installation of building facades, serving the defense, education, and residential sectors. The company currently employs 9 permanent staff and 30 operatives, and has long provided single-occupancy accommodation facility projects for the UK Ministry of Defence and various educational programs. Reds10 stated that it has been collaborating with Mad About Facades since last year.

This acquisition is a key part of Reds10's recent strategic expansion. Last month, the company completed the acquisition of Hull-based steel firm ESL. Founded in 2010, ESL has an annual turnover of £7 million and employs 50 people. Steve Beechey, who will join Reds10 as Executive Chairman next month, previously served as head of Wates' public sector business and brings extensive management experience in the construction industry. Through consecutive acquisitions of a facade specialist contractor and a steel manufacturing firm, Reds10 is building vertical integration capabilities spanning from steel structure manufacturing and building facades to modular delivery. This strategic layout helps the company enhance control over key supply chain links, strengthen its competitiveness in public sector construction markets such as defense and education, while providing clients with integrated building solutions from design to delivery.

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